01562 Zip Code Detailed Profile




City: Spencer, MA (6.39%)
County: Worcester County, MA
Estimated zip code population in 2013: 11,733
Zip code population in 2010: 11,688
Zip code population in 2000: 11,691

Houses and condos: 5,054
Renter-occupied apartments: 1,582
% of renters here:

35%
State:

38%
Mar. 2013 cost of living index in zip code 01562: 126.4 (high, U.S. average is 100)

Land area: 32.8 sq. mi.
Water area: 1.2 sq. mi.
Population density: 357 people per square mile 
 
 (very low).

Age and Sex of Residents in zip code 01562
Zip code 01562 (Spencer, Massachusetts) real estate house value trends
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Real estate property taxes paid for housing units in 2013:
This zip code:

0.9% ($2,399)
Massachusetts:

1.2% ($3,955)
Median real estate property taxes paid for housing units with mortgages in 2013: $2,449 (1.0%)
Median real estate property taxes paid for housing units with no mortgage in 2013: $2,317 (0.9%)

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Males: 5,757  (49.1%)
Females: 5,976  (50.9%)

For population 25 years and over in 01562:

For population 15 years and over in 01562:

Zip code 01562 compared to state average:

  • Black race population percentage significantly below state average.
  • Hispanic race population percentage below state average.
  • Foreign-born population percentage significantly below state average.
  • Percentage of population with a bachelor's degree or higher below state average.
  • Races in zip code 01562

  • Zip code 01562 races chart
    • 11,061White population
    • 61Black population
    • 20American Indian population
    • 79Asian population
    • 5Native Hawaiian and Other Pacific Islander population
    • 10Some other race population
    • 117Two or more races population
    • 335Hispanic or Latino population

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Urban population: 7,954
Rural population: 3,778

Estimated median house/condo value in 2013: $254,400
01562:

$254,400
Massachusetts:

$327,200
Median resident age:
This zip code:

39.1 years
Massachusetts median age:

39.4 years
Average household size:
This zip code:

2.6 people
Massachusetts:

2.5 people

Averages for the 2012 tax year for zip code 01562, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $52,978 (Individual Income Tax Returns)
Here:

$52,978
State:

$81,425

Salary/wage: $47,978 (reported on 87.7% of returns)
Here:

$47,978
State:

$64,752
(% of AGI for various income ranges: 73.2% for AGIs below $25k, 81.0% for AGIs $25k-50k, 78.1% for AGIs $50k-75k, 81.4% for AGIs $75k-100k, 84.1% for AGIs $100k-200k, 62.9% for AGIs over 200k)

Taxable interest for individuals: $599 (reported on 41.7% of returns)
This zip code:

$599
Massachusetts:

$2,136
(% of AGI for various income ranges: 0.9% for AGIs below $25k, 0.6% for AGIs $25k-50k, 0.6% for AGIs $50k-75k, 0.3% for AGIs $75k-100k, 0.3% for AGIs $100k-200k, 0.5% for AGIs over 200k)

Ordinary dividends: $2,016 (reported on 16.8% of returns)
Here:

$2,016
State:

$9,473
(% of AGI for various income ranges: 1.3% for AGIs below $25k, 0.4% for AGIs $25k-50k, 0.7% for AGIs $50k-75k, 0.6% for AGIs $75k-100k, 0.5% for AGIs $100k-200k, 1.1% for AGIs over 200k)

Net capital gain/loss in AGI: +$2,519 (reported on 11.2% of returns)
Here:

+$2,519
State:

+$31,437
(% of AGI for various income ranges: 0.2% for AGIs $50k-75k, 0.4% for AGIs $75k-100k, 1.2% for AGIs $100k-200k, 1.1% for AGIs over 200k)

Profit/loss from business: +$13,065 (reported on 14.1% of returns)
Here:

+$13,065
State:

+$20,662
(% of AGI for various income ranges: 5.5% for AGIs below $25k, 3.9% for AGIs $25k-50k, 3.3% for AGIs $50k-75k, 2.2% for AGIs $75k-100k, 2.6% for AGIs $100k-200k, 7.1% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $12,238 (reported on 10.0% of returns)
01562:

$12,238
Massachusetts:

$18,892
(% of AGI for various income ranges: 4.3% for AGIs below $25k, 2.5% for AGIs $25k-50k, 2.4% for AGIs $50k-75k, 2.3% for AGIs $75k-100k, 2.2% for AGIs $100k-200k)

Self-employment retirement plans: $10,133 (reported on 0.5% of returns)
01562:

$10,133
Massachusetts:

$20,669

Total itemized deductions: $18,694 (21% of AGI, reported on 34.0% of returns)
Here:

$18,694
State:

$28,907

Here:

20.6% of AGI
State:

18.2% of AGI
(% of AGI for various income ranges: 9.6% for AGIs below $25k, 8.2% for AGIs $25k-50k, 12.1% for AGIs $50k-75k, 13.5% for AGIs $75k-100k, 13.9% for AGIs $100k-200k, 12.2% for AGIs over 200k)

Charity contributions: $1,738 (reported on 26.9% of returns)
Here:

$1,738
State:

$4,208
(% of AGI for various income ranges: 0.6% for AGIs below $25k, 0.5% for AGIs $25k-50k, 0.8% for AGIs $50k-75k, 1.0% for AGIs $75k-100k, 1.1% for AGIs $100k-200k, 1.2% for AGIs over 200k)

Taxes paid: $7,575 (reported on 34.0% of returns)
01562:

$7,575
State:

$13,303
(% of AGI for various income ranges: 2.2% for AGIs below $25k, 2.6% for AGIs $25k-50k, 4.2% for AGIs $50k-75k, 5.2% for AGIs $75k-100k, 6.5% for AGIs $100k-200k, 7.2% for AGIs over 200k)

Earned income credit: $1,829 (reported on 13.4% of returns)
Here:

$1,829
State:

$1,971
(% of AGI for various income ranges: 4.2% for AGIs below $25k, 0.8% for AGIs $25k-50k)

Averages for the 2004 tax year for zip code 01562, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $43,958 (Individual Income Tax Returns)
Here:

$43,958
State:

$62,877

Salary/wage: $41,149 (reported on 88.2% of returns)
Here:

$41,149
State:

$52,969
(% of AGI for various income ranges: 118.0% for AGIs below $10k, 73.1% for AGIs $10k-25k, 84.4% for AGIs $25k-50k, 85.8% for AGIs $50k-75k, 87.9% for AGIs $75k-100k, 74.6% for AGIs over 100k)

Taxable interest for individuals: $903 (reported on 53.9% of returns)
This zip code:

$903
Massachusetts:

$1,945
(% of AGI for various income ranges: 4.5% for AGIs below $10k, 2.1% for AGIs $10k-25k, 1.0% for AGIs $25k-50k, 0.7% for AGIs $50k-75k, 0.5% for AGIs $75k-100k, 1.5% for AGIs over 100k)

Taxable dividends: $1,143 (reported on 19.0% of returns)
Here:

$1,143
State:

$5,323
(% of AGI for various income ranges: 2.0% for AGIs below $10k, 0.8% for AGIs $10k-25k, 0.4% for AGIs $25k-50k, 0.4% for AGIs $50k-75k, 0.3% for AGIs $75k-100k, 0.6% for AGIs over 100k)

Net capital gain/loss: +$6,236 (reported on 14.1% of returns)
Here:

+$6,236
State:

+$20,377
(% of AGI for various income ranges: -0.7% for AGIs below $10k, 0.6% for AGIs $10k-25k, 0.3% for AGIs $25k-50k, 0.8% for AGIs $50k-75k, 1.4% for AGIs $75k-100k, 5.7% for AGIs over 100k)

Profit/loss from business: +$13,051 (reported on 14.6% of returns)
Here:

+$13,051
State:

+$17,837
(% of AGI for various income ranges: 3.5% for AGIs below $10k, 8.7% for AGIs $10k-25k, 4.3% for AGIs $25k-50k, 3.2% for AGIs $50k-75k, 3.2% for AGIs $75k-100k, 5.0% for AGIs over 100k)

IRA payment deduction: $2,956 (reported on 2.8% of returns)
01562:

$2,956
Massachusetts:

$3,100
(% of AGI for various income ranges: 0.3% for AGIs $10k-25k, 0.3% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.2% for AGIs $75k-100k, 0.1% for AGIs over 100k)

Self-employed pension: $10,031 (reported on 0.6% of returns)
Here:

$10,031
Massachusetts:

$14,516

Total itemized deductions: $16,293 (22% of AGI, reported on 35.2% of returns)
Here:

$16,293
State:

$22,573

Here:

21.8% of AGI
State:

19.5% of AGI
(% of AGI for various income ranges: 5.6% for AGIs below $10k, 9.0% for AGIs $10k-25k, 10.5% for AGIs $25k-50k, 14.4% for AGIs $50k-75k, 15.3% for AGIs $75k-100k, 14.1% for AGIs over 100k)

Charity contributions deductions: $1,586 (2% of AGI, reported on 31.5% of returns)
Here:

$1,586
State:

$3,295

Here:

2.1% of AGI
State:

2.7% of AGI
(% of AGI for various income ranges: 0.5% for AGIs below $10k, 0.6% for AGIs $10k-25k, 0.7% for AGIs $25k-50k, 1.2% for AGIs $50k-75k, 1.4% for AGIs $75k-100k, 1.5% for AGIs over 100k)

Total tax: $5,728 (reported on 80.6% of returns)
01562:

$5,728
State:

$11,494
(% of AGI for various income ranges: 3.3% for AGIs below $10k, 5.1% for AGIs $10k-25k, 7.9% for AGIs $25k-50k, 8.9% for AGIs $50k-75k, 10.4% for AGIs $75k-100k, 16.6% for AGIs over 100k)

Earned income credit: $1,411 (reported on 10.0% of returns)
Here:

$1,411
State:

$1,518

Percentage of individuals using paid preparers for their 2004 taxes: 55.3%
Here:

55%
State:

58%
(% for various income ranges: 43.5% for AGIs below $10k, 53.6% for AGIs $10k-25k, 54.0% for AGIs $25k-50k, 62.7% for AGIs $50k-75k, 62.1% for AGIs $75k-100k, 68.4% for AGIs over 100k)

Estimated median household income in 2013:
This zip code:

$60,197
Massachusetts:

$66,768
Spencer, MA (01562) map Nearest zip codes: 01515, 01524, 01535, 01612, 01542, 01507.
Percentage of family households:
This zip code:

48.2%
Massachusetts:

48.3%
Percentage of households with unmarried partners:
This zip code:

7.1%
Massachusetts:

6.2%
Likely homosexual households (counted as self-reported same-sex unmarried-partner households)

Household received Food Stamps/SNAP in the past 12 months: 495
Household did not receive Food Stamps/SNAP in the past 12 months: 4,039


Women who had a birth in the past 12 months: 219 (157 now married, 62 unmarried)
Women who did not have a birth in the past 12 months: 2,569 (1,248 now married, 1,321 unmarried)


Housing units in zip code 01562 with a mortgage: 2,117 (126 second mortgage, 404 home equity loan)
Houses without a mortgage: 835

Median monthly owner costs for units with a mortgage: $1,666
Median monthly owner costs for units without a mortgage: S543

Residents with income below the poverty level in 2013:
This zip code:

10.3%
Whole state:

11.9%
Residents with income below 50% of the poverty level in 2013:
This zip code:

7.2%
Whole state:

6.5%
Median number of rooms in houses and condos:
Here:

6.5
State:

6.5
Median number of rooms in apartments:
Here:

4.0
State:

4.2
  • Notable locations in this zip code not listed on our city pages

  • Click to draw/clear zip code borders
  • Notable locations in zip code 01562: Camp Neyati (A), Camp Marshall (B), Spencer Rescue and Emergency Squad (C), Spencer Fire Department (D), Bemis Farms Nursery (E), Knox Trail Regional Junior High School Library (F), Spencer Town Hall (G), Saint Josephs Abbey Monastic Library (H). Display/hide their locations on the map

    Shopping Centers: Spencers Shoppers Village Shopping Center (1), Spencer Shopping Center (2). Display/hide their locations on the map

    Churches in zip code 01562 include: Saint Josephs Abbey (A), Methodist Church of Spencer (B). Display/hide their locations on the map

    Cemeteries: Holy Rosary Cemetery (1), Saint Marys Cemetery (2), Pine Grove Cemetery (3). Display/hide their locations on the map

    Lakes, reservoirs, and swamps: Howe Pond (A), Cider Millpond (B), Sugden Reservoir (C), Kittredge Dam Reservoir (D), Buckhill Pond (E), Watson Millpond (F), Stiles Reservoir (G), Cranberry Meadow Pond (H). Display/hide their locations on the map

    Streams, rivers, and creeks: Turkey Hill Brook (A), Caruth Brook (B), Shaw Brook (C), Cranberry River (D). Display/hide their locations on the map

    Parks in zip code 01562 include: Laurel Hill Park (1), Spencer Town Center Historic District (2), Moose Hill Wildlife Management Area (3). Display/hide their locations on the map

Year house built

  • 452010 or later
  • 4812000 to 2009
  • 3121990 to 1999
  • 4391980 to 1989
  • 7471970 to 1979
  • 3691960 to 1969
  • 4391950 to 1959
  • 2151940 to 1949
  • 2,0071939 or earlier

Zip code 01562 satellite photo by USGS

Owner-occupied Renter-occupied

Bedrooms in owner-occupied houses and condos in Spencer, MA (01562)

  • 0no bedroom
  • 451 bedroom
  • 6322 bedrooms
  • 1,4263 bedrooms
  • 7244 bedrooms
  • 1255+ bedrooms

Bedrooms in renter-occupied apartments in Spencer, MA (01562)

  • 68no bedroom
  • 4941 bedroom
  • 5982 bedrooms
  • 3093 bedrooms
  • 1024 bedrooms
  • 115+ bedrooms
Owner-occupied Renter-occupied

Cars and other vehicles available in Spencer, MA (01562) in owner-occupied houses/condos

  • 66no vehicle
  • 6781 vehicle
  • 1,5942 vehicles
  • 4383 vehicles
  • 1634 vehicles
  • 135+ vehicles

Cars and other vehicles available in Spencer, MA (01562) in renter-occupied apartments

  • 301no vehicle
  • 8141 vehicle
  • 3932 vehicles
  • 343 vehicles
  • 184 vehicles
  • 225+ vehicles

Median gross rent in 2013: $818.

Estimated median house (or condo) value in 2013 for:


Estimated median house or condo value in 2013: $254,400
01562:

$254,400
Massachusetts:

$327,200
Lower value quartile - upper value quartile: $186,900 - $295,100

Mean price in 2013:

Detached houses: $201,943
Here:

$201,943
State:

$401,982

In 2-unit structures: $160,477
Here:

$160,477
State:

$330,410

In 3-to-4-unit structures: $205,202
Here:

$205,202
State:

$354,453

Owners and renters by unit type in %

Housing units in structures:


Unemployment: 11.6%

Percentage of zip code residents living and working in this county: 85.2%

Household type by relationship:

Households: 11,640

Size of family households: 1,209 2-persons, 620 3-persons, 506 4-persons, 390 5-persons, 144 6-persons, 17 7-or-more-persons

Size of nonfamily households: 1,343 1-person, 266 2-persons, 39 4-persons

1,729 married couples with children.
574 single-parent households (109 men, 465 women).

91.7% of residents of 01562 zip code speak English at home.
4.4% of residents speak Spanish at home (78% very well, 9% well, 12% not well).
3.5% of residents speak other Indo-European language at home (87% very well, 8% well, 5% not well).
0.4% of residents speak Asian or Pacific Island language at home (100% very well).

Foreign born population: 365 (3.1%)
(56.7% of them are naturalized citizens)
This zip code:

3.1%
Whole state:

15.6%

Most common places of birth for the foreign-born residents

  • 62%Dominican Republic
  • 13%Brazil
  • 9%France
  • 7%Canada
  • 5%Korea
  • 3%Ukraine
  • 0%Colombia

Most common first ancestries reported in 01562 (%)

  • 22%French (except Basque)
  • 15%Irish
  • 8%Other groups
  • 7%American
  • 6%Italian
  • 5%French Canadian
  • 5%English

Year of entry for the foreign-born population

  • 02010 or later
  • 1472000 to 2009
  • 2291990 to 1999
  • 193Before 1990

Facilities with environmental interests located in this zip code:


Zip code 01562 marital status for males
Zip code 01562 marital status for females

Housing units lacking complete plumbing facilities: 4.1%
Housing units lacking complete kitchen facilities: 4.1%

Most commonly used house heating fuel

  • 49%Fuel oil, kerosene, etc.
  • 25%Utility gas
  • 13%Electricity
  • 7%Wood
  • 3%Bottled, tank, or LP gas
  • 3%Other fuel
  • 1%Coal or coke

Population in 1990: 11,598. Population change in the 1990s: +93 (+0.8%).

Place of birth for U.S.-born residents:


68% of the 01562 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 84% lived in this county.
   Out of people who lived in different counties, 50% lived in Massachusetts.

88% of the 01562 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 87% moved from this county.
   Out of people who lived in different houses, 2% moved from different county within same state.
   Out of people who lived in different houses, 11% moved from different state.

Year Householders Moved Into Unit

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 66
Here:

5.7%
Massachusetts:

9.2%
Students in private schools in grades 9 to 12 (high school): 74
Here:

20.2%
Massachusetts:

10.8%
Students in private undergraduate colleges: 36
Here:

9.0%
Massachusetts:

45.6%

Educational Attainment (%)

School Enrollment by Level of School (%)

Class of Workers (%)

Occupation by median earnings in the past 12 months ($)

  • 108,958Architecture and engineering occupations
  • 84,279Law enforcement workers including supervisors
  • 80,820Management occupations
  • 80,100Legal occupations
  • 76,298Life, physical, and social science occupations
  • 68,289Education, training, and library occupations

Companies with federal contracts located in this zip code (SPENCER, MA):

Top industries in this zip code by the number of employees in 2005:


Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)

Age and Sex of Physically-Disabled Residents (Noninstitutionalized)

Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)

Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)

Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)

Age and Sex of Residents with Employment Disability (Noninstitutionalized)

People in group quarters in 2010:

  • 60 people in other noninstitutional facilities
  • 12 people in group homes intended for adults

People in group quarters in 2000:

  • 73 people in religious group quarters
  • 29 people in nursing homes
  • 4 people in homes for the mentally retarded
  • 3 people in other group homes
  • 3 people in other nonhousehold living situations
Home Mortgage Disclosure Act Aggregated Statistics For Year 2009
(Based on 3 full tracts)
A) FHA, FSA/RHS & VA
Home Purchase Loans
B) Conventional
Home Purchase Loans
C) Refinancings
D) Home Improvement Loans
E) Loans on Dwellings For 5+ Families
F) Non-occupant Loans on
< 5 Family Dwellings (A B C & D)
NumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED78$202,54684$179,940398$180,37663$120,0622$292,00026$193,800
APPLICATIONS APPROVED, NOT ACCEPTED4$167,9535$100,44833$199,7136$11,3880$00$0
APPLICATIONS DENIED13$172,72617$183,921123$197,58514$62,3200$06$95,350
APPLICATIONS WITHDRAWN17$190,03511$122,92770$206,7518$177,4240$02$48,810
FILES CLOSED FOR INCOMPLETENESS0$03$304,32028$201,8940$00$00$0

Detailed HMDA statistics for the following Tracts: 7261.00 , 7262.00

Private Mortgage Insurance Companies Aggregated Statistics For Year 2009
(Based on 3 full tracts)
A) Conventional
Home Purchase Loans
B) Refinancings
NumberAverage ValueNumberAverage Value
LOANS ORIGINATED9$203,9126$203,177
APPLICATIONS APPROVED, NOT ACCEPTED5$191,1446$256,565
APPLICATIONS DENIED0$02$292,860
APPLICATIONS WITHDRAWN1$105,0000$0
FILES CLOSED FOR INCOMPLETENESS0$00$0

Detailed PMIC statistics for the following Tracts: 7261.00 , 7262.00

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value

Most common first names in zip code 01562 among deceased individuals
NameCountLived (average)
William7574.5 years
Mary7481.4 years
John7074.3 years
Robert6468.5 years
George6374.5 years
Joseph6075.0 years
Richard4066.3 years
Irene3778.4 years
Arthur3776.1 years
Henry3777.0 years
Most common last names in zip code 01562 among deceased individuals
Last nameCountLived (average)
Berthiaume2476.5 years
Letendre2376.1 years
Collette2178.9 years
Benoit2181.8 years
Ethier1980.7 years
Smith1779.0 years
Cournoyer1678.9 years
Ocoin1678.6 years
Derosier1577.7 years
Dufault1474.4 years
Businesses in zip code 01562
NameCountNameCount
Advance Auto Parts1H&R Block1
CVS1La-Z-Boy1
Circle K1Lane Furniture1
Curves1McDonald's1
Dairy Queen1Subway1
Dunkin Donuts2U-Haul2
FedEx1UPS1

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